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Investors Short on Cash Still Can Open
Mutual Funds for as Little as $100

By

Jeff OpdykeStaff Reporter of The Wall Street Journal

Updated July 9, 2000 12:01 a.m. ET

Getting started in investing is daunting enough. But it's even more so when you don't have a lot of money.

Many mutual funds, for instance, require a minimum investment of $2,000 or more to open an account. Then, you have to pony up at least $250 each time you want to make an additional investment. For many young investors -- and lots of average folks, too -- such sums are almost beyond reach.